smsf fees

Short answer is “Yes”, you can, under certain conditions. A short example will be used to explain the answer. One of our clients called us in a state of panic recently, explaining how he had paid our SMSF administration fee with a personal credit card instead of paying from the SMSF. He contacted…

Like other taxpayer entities, a complying SMSF is entitled to deduct from its assessable income any losses or outgoings that are: • incurred in gaining or producing assessable income • necessarily incurred in carrying on a business for the purpose of gaining or producing such income. Expenses that a complying SMSF can deduct include: •…

Contact Us

About Us

Redwood is a specialist SMSF, Property and Finance provider that assists Australian's purchase property as an investment. We take the headaches out of investing in property. We are based in Melbourne and service Australia wide.

Disclaimer

This website contains information that is of a general nature only and has not taken into account your specific objectives, needs and financial situation. It is not intended to provide financial, investment, accounting, tax or legal advice, therefore you should seek advice from the respective qualified or licensed professional
before making any decisions. Redwood Advisory disclaims responsibility for reliance on information contained on this site